Trump

One year ago we witnessed the greatest miracle in political history, and since that time we have also witnessed one of the greatest miracles in financial history. On November 8th, 2016 the Dow closed at 18,332.74. On Wednesday, it closed at 23,563.36. U.S. stocks have increased in value by about 5.4 trillion dollars since Donald Trump was elected, and I don’t think that we have seen anything quite like this ever before. So does Donald Trump deserve the credit for this unprecedented stock market run? Many experts are at least giving him part of the credit… Greg Valliere, chief global […]

Has anyone besides me wondered what happened to the documented accusations about Ray Dalio and his Bridgewater fund management operation? The allegations were out there and it was big news for about a day. I would appear to have been quickly covered-up and the media has been given a “leave it alone” warning. It’s been my view since circa 2003 that “they” would hold up the system with printed money and credit creation until every last crumb of middle class wealth was swept off the table and into the pockets of those in position to do the sweeping: Corporate America, […]

Are we about to see chaos in the streets in major cities all over America? Antifa and other radical leftist groups are promising that a series of protests will begin on November 4th that will never end until “the Trump/Pence regime” is “removed from power”. And as you will see below, Antifa has openly and publicly embraced violence and the Department of Homeland Security says that they have engaged in domestic terrorism. Hopefully these “protests” will fizzle out after a few weeks, because political organizations that believe in “the necessary use of violence” have no place in our society. Amazingly, […]

To paraphrase the highly regarded fund manager and notable bear, John Hussman, you can look like an idiot before a Bubble pops or after it’s popped. I guess I’m squarely in the camp of looking like an idiot before the bubble pops. I might watch “The Big Short Again” for some “moral fortitude.” With history’s stamp of approval on my side, all I can do is shake my head and chuckle. As soon as the Dow crossed over 23,000 on Wednesday, the “experts” on bubblevision began speculating how long it would take for the Dow to hit 24k. I was […]

Candidate Donald Trump was none too kind to current Federal Reserve Chair Janet Yellen during his 2016 campaign. However, the President’s tone with regards to Yellen and Fed policy has been softening since his election. Trump met one on one with Yellen and other top contenders last week and now appears quite open to the idea of reappointing her to another four-year term. Trump may reappoint UC Berkeley socialist Janet Yellen Trump told CNBC in September of last year that Yellen should be “ashamed” for acting partisan. He accused the Fed of maintaining extraordinarily low interest rates at the request […]

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear a fascinating and informative interview Money Metals president Stefan Gleason gave recently for the Sustainable Money podcast. Stefan shares some of the history behind sound money, when and where the wheels came off our monetary system, some disturbing developments in the war on cash movement and also goes through some dos and don’ts when it comes to purchasing gold and silver. You will not want to miss this revealing interview, coming up after this week’s market update. Precious metals markets pulled back this week, but not […]

Our weekly commentaries provide Euro Pacific Capital’s latest thinking on developments in the global marketplace. Opinions expressed are those of the writer, and may or may not reflect those held by Euro Pacific Capital. By: Peter Schiff Friday, September 8, 2017 Email Of all the absurd Washington pantomimes none has been as reliably entertaining and maddening as the annual debates to raise the debt ceiling. Although the outcome was always a foregone conclusion (the ceiling would be raised), the excitement came when fiscal conservatives bemoaned the perils of runaway debt and “attempted” to exact spending restrictions through threats “to shut […]

Our weekly commentaries provide Euro Pacific Capital’s latest thinking on developments in the global marketplace. Opinions expressed are those of the writer, and may or may not reflect those held by Euro Pacific Capital. By: Peter Schiff Friday, September 1, 2017 Email The media has taken President Trump to task for all manner of false or exaggerated claims, but surprisingly little has been said about Trump’s most glaring forays into abject hypocrisy. Recently, on the Joe Rogan podcast, economist Peter Schiff outlined how Candidate Trump rightly questioned the reliability of unemployment data and stock market performance, but reversed himself completely […]

Our weekly commentaries provide Euro Pacific Capital’s latest thinking on developments in the global marketplace. Opinions expressed are those of the writer, and may or may not reflect those held by Euro Pacific Capital, or its CEO, Peter Schiff. By: John Browne Wednesday, August 30, 2017 Email On August 21st many Americans witnessed the moon cast a historic but short-lived shadow across the United States. One day later, President Trump reversed his previously stated position on the 16 year old Afghan War, thereby eclipsing the possibility that the United States would finally come to its senses and rethink a failed strategy […]

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear a wonderful interview with Greg Weldon of Weldon Financial and author of the book Gold Trading Boot Camp. Greg gives us his thoughts on the dangerous scenario that could ensure if a selloff drives everyone out of stocks all at the same time, shares his opinion on Bitcoin and also tells us why he views gold as a coiled spring waiting to release. Make sure you stick around for my conversation with Greg Weldon, coming up after this week’s market update. Downside volatility hit financial markets […]